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How Much Do IT Services and Assets Really Cost? Flexera Partners with Apptio to Know Once and for All

Maidenhead, U.K. – Aug. 9, 2017 – Flexera, the company that’s reimagining how software is bought, sold, managed and secured, today announced a new partnership with Apptio, the business management system of record for hybrid IT. Together, the two companies are making it easier for organisations to pinpoint what IT assets they own and how much they actually cost. For CFOs, this means staying compliant with software contracts, minimising unpredictable software audit risk, and making smarter IT buying decisions.

FlexNet Manager Suite’s rich Software Asset Management data, combined with Apptio Cost Transparency, gives customers a no-holds barred view into overall IT spending, with a magnifying glass on actual software usage. Ultimately, this gives companies negotiating leverage when software licenses are up for renewal, so they’re only buying what they need – and nothing more.

“In a healthy software supply chain, IT buyers have a complete view of their spend – so they know what assets are needed and how much they should cost,” said Cindy Grogan, Vice President of Global Alliances at Flexera. “Flexera is excited to partner with Apptio to help leaders understand the real value of their investments. Together, we are making it possible for IT and financial leaders to connect the assets they have with the bottom line.”

IT will now be able to demonstrate where their technology investments are adding value by making every vendor accountable and taking back control. Companies will get this valuable insight into Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) and virtual deliveries.

“We chose to partner with Flexera because of their broad perspective on the software supply chain and the important role Software Asset Management plays in the IT ecosystem,” said Ron Wastal, Vice President of Global Channels & Alliances at Apptio. “Flexera is the only company that’s simplifying SAM and expanding its value by connecting it to other valuable systems, like Apptio Cost Transparency.”